Good News If You Want to Be Richer! This Cathie Wood Stock Is Cheap
Technology has had a profound effect on manufacturing. Analysis firm Oxford Economics says robots will replace up to 20 million jobs in the sector by 2030. But that application of technology is mostly about automating high-volume operations.
When it comes to designing and creating new parts, it's often still a labor-intensive, time-consuming process. That's where Proto Labs (NYSE: PRLB) comes in. The company offers a desirable combination of speed, quality, and price for one-off and low-volume projects.
The stock has been crushed recently. But giving up now could be a costly decision -- one that causes investors to miss out on big gains as the world gets back to normal. Here's why.
Source Fool.com
